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2013 (6) TMI 134 - HC - Income TaxOrder of settlement commission - power to rectify its own order - Waiver of interest under section 234B - held that:- The appropriate course of action for the Revenue ought to have been to challenge the order of the Commission perhaps by way of certiorari. An application for rectification under section 154 of the Act was, however, impermissible and beyond the jurisdiction of the Commission, as held in Brij Lal [2010 (10) TMI 8 - SUPREME COURT]. - On the aforesaid analysis, the order of the Settlement Commission dated February 26, 2004, cannot be sustained and is accordingly quashed. - Decided in favor of assessee.
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